News Topic: BankruptcyQuestionsNationalBankruptcyForum

Many people have been successful representing themselves in a bankruptcy case. However, as a Dallas bankruptcy attorney, I encourage everyone to be aware of some potential mistakes made by many who have represented themselves. It  is important for anyone ... Read full article

In re: Rankin, No. 10-62340-13 (Bankr. D. Mont., January 21, 2011).   When you file for Chapter 13 bankruptcy, you propose to the bankruptcy court your plan to repay what you owe to your creditors.  There are many requirements that each plan must meet in ... Read full article

When debt comes back from the past to attack living debtors, many debtors are unclear on their rights and the statute of limitations in regards to “zombie” debt, or debt typically purchased by debt buyers in which the window of collections has expired. In ... Read full article

The Gogel and Gogel Foreclosure Blog The Massachusetts Supreme Judicial Court gets the foreclosure fraud problem and has strongly stated that parties filing foreclosure actions must have title to the mortgages they attempt to foreclose and must be able to ... Read full article

In September of 2011 I took an informal survey of National Association of Consumer Bankruptcy Attorney (“NACBA”) members on professional burnout.  Through a post on the NACBA listserv discussion group I asked NACBA members to rate on a scale of 1 to 10 how ... Read full article

While many associate the word “bankruptcy” with “epic failure”, history shows us that through the adversity of life one must use knowledge and tenacity to turn “epic failure” into, just, “epic”. In 1923, Walt Disney’s creditors forced bankruptcy upon him ... Read full article

People who are facing mortgage foreclosure routinely ask me if they can get their house payment lowered by filing bankruptcy.  This question highlights a common misconception of bankruptcy law, and may be the result of news articles dealing with ... Read full article

So you want to sue a bankruptcy trustee? First get in line. Next, come to the realization that it might not be quite as easy as you’d think. Before a trustee can be sued for actions that fall within their official duties of administering the bankruptcy ... Read full article

Is Credit Counseling a Step in the Right Direction? Credit counseling most often involves consolidating outstanding debts as much as possible and then developing a negotiated repayment plan for a reduced payment over time to all of your creditors. Credit ... Read full article

Many of my Fort Worth bankruptcy clients ask about the differences between Chapter 7 and Chapter 13 bankruptcy. I find it important to educate all my clients about the qualification standards for both, as their financial standing has the most influence ... Read full article

Each bankruptcy case is different and must be evaluated on its own merit.  The filing fees for Chapter 7 are $299.00 and the filing fees for Chapter 13 are $274.00 at the present time.  These filing fees are federal law, so no matter where you file your ... Read full article

Although the politics has been going on for a while, and rescue bills were considered, Harrisburg, Pennsylvania went ahead and filed Chapter 9 Bankruptcy.  The State of Pennsylvania has not only objected to the eligibility of the City of Harrisburg, the ... Read full article

No, your spouse does not have to file bankruptcy with you. There is no law stating that both people in a marriage must file bankruptcy. A married person can file a single bankruptcy. If a married person does decide to file without their spouse, some ... Read full article

As a Fort Worth bankruptcy attorney, many of my clients ask about the differences in Texas bankruptcy exemption laws and Federal bankruptcy exemption laws. There are key differences between the two sets of laws, primarily in the amount and type of property ... Read full article

The answer to that question is very difficult.  I am often asked by clients, “Do you suggest I file?”  “Would you file if you were me?”  My basic rule of thumb is this if you feel that you can bail yourself out of debt within a six month time period then ... Read full article

Chapter 13 bankruptcy may provide some relief to borrowers overwhelmed with debt. Often, the most significant benefit that bankruptcy offers is the discharge of debt. The discharge releases the debtor from all debts included in the bankruptcy. Under ... Read full article

This is something that your attorneys will do when they prepare the bankruptcy petition.  Schedule B makes one list everything they have from cash on hand, checking accounts, savings accounts, household goods, clothing, cars, retirement accounts, life ... Read full article

As a Fort Worth bankruptcy attorney I have found that many of my clients have misconceptions about which types of debts can be discharged in bankruptcy. I feel every consumer should be educated about which types of debts can be discharged before deciding ... Read full article